Airpoints™ Business Mastercard®

airpoints standardThe effective way to manage business expenses, while earning Airpoints Dollars™ on every purchase1, helping you get rewarded faster. 

Key Benefits

Earn Airpoints Dollars™ on business purchases.

• Separate your business expenses from your personal outgoings 1, making reporting
expenditure simpler.

• Earn 1 Airpoints Dollar™ per $75NZD, and one Status Point per $225NZD.2

• Get up to 44 days interest-free credit on all your business purchases.

• Receive up to 35 days of overseas travel insurance, extended Warranty Insurance of 12 months for goods purchased on your Airpoints Business Mastercard, and Purchase Protection Insurance too.3

• Add an additional card for a business partner or employee, and maintain visibility of spend.


The details

More advantages

• A competitive interest rate of 20.95% p.a. on purchases and 22.95% p.a. on cash advances.

• Link your other Westpac NZ savings or bank accounts to your Airpoints Business Mastercard, so you can access them at the checkout and ATMs.

• Use your credit card to withdraw cash from overseas banks and ATMs displaying the Mastercard and Cirrus acceptance marks.7

• 24-hour credit card emergency assistance.

• No annual account fee for your Airpoints Business Mastercard for as long as you have a personal Airpoints™ Platinum Mastercard account open.

Flexible payment options for businesses

Managing cash flow is critical for business owners. Which is why the Airpoints Business Mastercard has payment flexibility

• Choose to pay off your card in full or meet the minimum repayment (2% of the balance owing each month, or $5 – whichever is greater).4

• Make payments with automatic payment, direct debit or bill payment via Westpac One or Business Online banking; Phone Banking; funds transfer; or at any Westpac NZ branch.

• Your accountant can receive your transaction data electronically via BankLink.

• There's no international transaction fee to pay (usually $2) when withdrawing money overseas from an ATM within the Global Alliance Group.5

Travel insurance

When you use your Airpoints Business Mastercard to book overseas travel, and pay in advance, you could be covered for up to 35 days per round trip.4 And if your family travels with you, they could be covered too.

Before you travel, call AIG on 0800 465 322 to make sure you’re covered and check out the policy document for full information (you can get a copy at any Westpac NZ branch).

Extra protection on your purchases

Make business purchases with your Airpoints Business Mastercard and you’ll also receive:

Purchase Protection.3 This acts a little like contents insurance – purchases paid in full on the card could be covered for up to 90 days if lost, stolen or accidentally damaged.

Extended Warranty.3 Receive an automatic extension of a manufacturer’s New Zealand Warranty by up to 12 months on items you pay for in full on your card.

Airpoints Dollars™ and Status Points

With a Westpac Airpoints™ Business Mastercard® you’ll earn 1 Airpoints Dollar™ for every $75NZD, and one Status Point per $225NZD2 (including purchases at Air New Zealand's Airpoints Mall3).

Each Airpoints Dollar equals one New Zealand dollar, so it’s simple for you to figure out what rewards you can afford with your points.

You can use the Airpoints Dollars you earn yourself, or gift them to up to two other people.

Status Points allow you to upgrade your Airpoints membership status to Silver, Gold or Elite if you earn enough Status Points in a 12-month period. Each level of membership gives you access to exclusive benefits with Air New Zealand, such as lounge access and upgrade privileges.

Airpoints™ for Business programme

Join Air New Zealand's Airpoints™ for Business programme and you can have Airpoints Dollars™ credited straight to your Airpoints for Business account. Once you belong to the programme, you’ll earn additional Airpoints Dollars for your business when you fly for work or spend with Air New Zealand’s Business Partners Network.

To join Airpoints for Business, log into your personal Airpoints account at, click on the Airpoints for Business tab and complete the registration. Once you’ve joined, you can manage your account through the Airpoints for Business dashboard. You can also invite employees to join your account, so your business earns additional Airpoints Dollars and gets rewarded faster.

Join the Airpoints for Business programme

Koru membership

Receive a discount of $145 off the cost of a 12-month Individual Membership rate.6And enjoy access to Air New Zealand Lounges when travelling on an Air New Zealand operated flight with an Air New Zealand ticket, access to premium check-in, priority baggage and complimentary Frequent Flyer seating plus many more benefits.

Koru Programme Terms and Conditions apply.

More about Koru

Mastercard Privileges

Using a Mastercard comes with a wide range of Privileges, including local and global dining, travel, retail and entertainment experiences.

See Mastercard Privileges 

Rates & Fees

Interest rates for your Airpoints Business Mastercard

Airpoints Business Mastercard - Interest rates
CardInterest rates
Purchases (and other fees & charges) 20.95% p.a.
Balance transfer rate^
Transfer balances from another bank’s credit card, overdraft, personal loan, or hire purchase agreement to a Westpac credit card.
 > More on balance transfers
5.95% p.a. on the balance transferred for the life of the balance.
Cash advance rate
Cash advances on all Westpac credit cards, excluding those on Portfolio pricing.
22.95% p.a.

Fees for your Airpoints™ Business Mastercard®

Airpoints Business MasterCard - Fees
Some overseas banks may charge an extra fee for a cash advance.
Fee descriptionFee amount
Annual account fee
 Paid in two 6-monthly instalments of $72.50. Airpoints™ Business MasterCard® holders who also have a personal Airpoints™ Platinum MasterCard® will not be charged the Airpoints Business annual fee for as long as they keep their personal Airpoints™ Platinum MasterCard® account open.
$145 per year
Cash advance in NZ using an ATM
Free per transaction
at other bank ATMs Free per transaction
Westpac branch teller $3 per transaction
Cash advance overseas using Global ATM Alliance ATMs Free  Transaction fees do not apply when using ATMs within the Global ATM Alliance in the respective country shown. Institutions participating in the Global ATM Alliance are subject to change but currently include Deutsche Bank (Germany), Bank of America (United States), Scotiabank (Canada), Barclays Bank (United Kingdom), BNP Paribas (France), Westpac (Australia) and Westpac (New Zealand).The NZ$2 for credit card and NZ$3 for debit card international transaction fee saving applies to Westpac customers only, and is subject to change. All other international and standard fees apply including foreign currency conversion fees apply – see the  <a href="" target="_blank">Transaction and Service Fees brochure</a> or <a href="" target="_blank">Business Transaction and Service Fees brochure</a> for details.
using other ATMs or at bank branches NZ$2 per transaction Note: An ATM service fee may be charged by the ATM provider.
Joint/additional card $25 per year
Late payment fee $8 per late payment
Card over limit
Applies where you exceed your account credit limit during any statement period.
Replacement card
where original card is lost, damaged or stolen
$10 per card
Courier delivery in NZ/overseas Courier costs where applicable 
Foreign currency fee  A foreign currency fee is charged when you make a purchase or cash withdrawal in a foreign currency, and also applies to any fees and charges charged by the overseas bank or vendor in relation to the transaction. This fee is also charged when you make online purchases in a foreign currency. 2.50% of transaction amount